UTI CRISIL SDL Maturity June 2027 Index Fund NFO: All you need to know

2 Jan 2023 , 10:13 AM

UTI Mutual Fund has launched a new fund offer (NFO) under its “Debt Index category”, named as UTI CRISIL SDL Fund. The open-ended target maturity debt index fund will track CRISIL IBX SDL Index for benchmark till June 2027.

Investment strategy: The investment objective of the scheme is to track the Index by investing in securities as represented by CRISIL IBX SDL Index – June 2027, subject to tracking errors. Accordingly, investments shall predominantly be made in Debt & Money Market Instruments.

Asset allocation: UTI CRISIL SDL NFO will invest pooled money of investors in debt instruments s comprising CRISIL IBX SDL Index-June 2027, money market instruments, Certificate of Deposits (CD), Commercial Papers (CPs), non-convertible securities, and other participation certificates. Debt instruments with relatively high interest rate risk and relatively low credit risk.

Who should invest?

Investors with moderate risk appetite seeking regular income, in the long run should invest in the fund. Investors can gain from indexation benefits and limited incidence of taxation at the time of withdrawal, as there is no application of entry or exit load, supporting emergency withdrawals.

Risk associated: A Relatively High Interest Rate Risk and Relatively Low Credit Risk.

Benchmark: CRISIL IBX SDL Index-June 2027

Fund Managers: Mr Sunil Patil.

The NFO is available for subscription from January 02,2023 to January 09, 2023. The schemes will reopen for continuous sale and repurchase within 5 Business Days from the date of allotment. The fund offers systematic investment solutions like SIP and SWP to create a flexible investment plan. The minimum subscription amount is Rs 5,000/- and in multiples of any amount thereafter. To invest through SIP, minimum amount is Rs 500 and its multiples. To redeem, the minimum redemption amount is Rs 1000 and in multiples of Re.1/- thereafter.

It offers Regular Plan and Direct Plan. Each plan offers Growth and Income options UTI CRISIL SDL Maturity June 2027 Index Fund. Click here to invest in UTI CRISIL SDL Maturity June 2027 Index Fund.

 

For feedback and suggestions, write to us at [e-mail]